Aug 20 (Reuters) - Australia and New Zealand Banking Group ANZ.AX said on Tuesday that its New Zealand unit will be most affected by a move by Australia's financial watchdog to limit exposure of a parent lender to its units.
The country's fourth-largest lender by market value said the Australian Prudential (LON:PRU) Regulation Authority's announcement may limit its ability to inject capital into ANZ Bank New Zealand, and that the unit will have to hold a larger portion of its earnings to meet capital requirements locally.